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Non-Tech : Kirk's Market Thoughts
COHR 159.34+18.3%Nov 6 3:59 PM EST
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To: Sun Tzu who wrote (14722)10/27/2022 10:49:04 AM
From: Kirk ©  Read Replies (2) of 26434
 
It will be interesting to hear more of where Cramer thinks he went wrong other than "Trusting Zuckerberg" which is what you do when you buy any stock... trust management to not piss away company value.

For me, when Zuckerberg got 10 votes per share and all I could get was a single vote, it said one had to "trust Zuck" to do things that regular investors would not like. So... I put it on my list and will continue to watch but clearly was right to not buy when it fell 50%. Maybe a good deal here at 75% off but my guess is we'll get an opportunity to buy even lower as they often overreact. Besides, there are far better companies on my list where I can get one vote per share that are also on sale due to normal market cyclicality.
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